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Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.


TSX:SU - Post by User

Post by Paray99on Mar 01, 2022 2:48pm
249 Views
Post# 34472198

Oil rally is unstoppable with US strategies oil release….

Oil rally is unstoppable with US strategies oil release….

Oil rally is unstoppable even with US strategies oil release....

Today's pause in the oil stock rally is the precursors for a major jump, May be unstoppable this time.... That is what I see today for most oil stocks.
Market cannot digest $10 jump in the oil and investors waiting to see the pull down by end of today and tomorrow.... Once everyone realize that the oil price is going to stay above $100, things will change big time...... The real major rally is yet to come for all oil stocks.

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